Helping Colombia implement the Trade Facilitation Agreement

Article 5.1

Article 7.4

Article 7.9

Colombia’s National Food and Drug Surveillance Institute (INVIMA) regulates the import and export of products which are vital for society such as food, medicines, medical devices, cosmetics and toiletries. Without a modern risk management system, however, INVIMA must physically inspect 100% of goods arriving at borders, making trade more costly and time consuming for businesses, particularly those with perishable products, and putting unnecessary strain on the agency.

Risk management systems maintain risk profiles based on historical data and current trends, allowing border agencies to identify which shipments are higher risk and prioritise them for physical inspection.

What we are doing

The Alliance has brought together INVIMA, other relevant Colombian agencies and the private sector to design and implement a modern risk management system for INVIMA aimed at reducing inspection rates from 100% to 70% or below.

Our project involves:

providing risk management expertise to ensure the process is conducted in accordance with international best practices